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You're reading from  Securing Blockchain Networks like Ethereum and Hyperledger Fabric

Product typeBook
Published inApr 2020
Reading LevelExpert
PublisherPackt
ISBN-139781838646486
Edition1st Edition
Languages
Solidity
Tools
EthereumHyperledger
Concepts
Blockchain
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Author (1)
Alessandro Parisi
Alessandro Parisi
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Alessandro Parisi

Alessandro Parisi has been an IT professional for over 20 years, acquiring significant experience as a Security Data Scientist, and as an Artificial Intelligence Cybersecurity and Blockchain specialist. He has experience of operating within organizational and decisional contexts characterized by high complexity. Over the years, he has helped companies to adopt Artificial Intelligence and Blockchain DLT technologies as strategic tools in protecting sensitive corporate assets. He holds a Master Degree in Economics and Statistics.
Read more about Alessandro Parisi

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Introducing smart contract fundamentals

Smart contracts were first theorized by Nick Szabo, defining them in a 1994 article (available at http://firstmonday.org/ojs/index.php/fm/article/view/548) as an electronic transaction protocol designed to execute the terms and conditions of a contract without depending on trusted intermediaries due to the minimization of execution exceptions.

These objectives are achieved by automating the contractual clauses embedded into the software and made self-enforcing by resorting to automated settlements, without the need for legal systems or trusted intermediaries.

Originally, smart contracts were implemented in limited form in Bitcoin, through the use of scripts developed in a non-Turing-complete language. Scripts allowed the transfer of Bitcoins between users of the network without the need to resort to reliable intermediaries.

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Securing Blockchain Networks like Ethereum and Hyperledger Fabric
Published in: Apr 2020Publisher: PacktISBN-13: 9781838646486
© 2020 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Alessandro Parisi

Alessandro Parisi has been an IT professional for over 20 years, acquiring significant experience as a Security Data Scientist, and as an Artificial Intelligence Cybersecurity and Blockchain specialist. He has experience of operating within organizational and decisional contexts characterized by high complexity. Over the years, he has helped companies to adopt Artificial Intelligence and Blockchain DLT technologies as strategic tools in protecting sensitive corporate assets. He holds a Master Degree in Economics and Statistics.
Read more about Alessandro Parisi

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